Asked by Junwei Zheng on May 21, 2024
Verified
A(n) ________ is a proposal by one person to another that is intended to create legal relations on acceptance by the person to whom it is made.
A) negotiation
B) offer
C) settlement
D) agreement
Legal Relations
The relationships and obligations created by laws between individuals, organizations, or states.
Proposal
An offer made by one party to another, intending to create a legal obligation upon acceptance.
- Acquire knowledge on the essential principles that facilitate the formation of contracts, inclusive of offer, acceptance, and consideration.
Verified Answer
AH
Angela Hunter BrockMay 27, 2024
Final Answer :
B
Explanation :
An offer is a proposal by one person to another that is intended to create legal relations on acceptance by the person to whom it is made.
Learning Objectives
- Acquire knowledge on the essential principles that facilitate the formation of contracts, inclusive of offer, acceptance, and consideration.
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